Growth

NEW YORK, July 1, 2022 — What do progressive Rep. Alexandria Ocasio-Cortez, conservative Rep. Liz Cheney, actor Matt Damon, Supreme Court Justice Neil Gorsuch and cellist Yo-Yo Ma all have in …

ROME – Italy’s manufacturing sector grew at the slowest pace in two years in June, a survey showed on Friday, as firms reported weak demand and increasingly downbeat expectations. The …

By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s June exports grew at their slowest pace in over 1-1/2 years as soaring inflation saps offshore demand for Korean goods, widening …

TOKYO – Japan’s factory activity growth slowed in June as supply disruptions in part due to China’s strict COVID-19 curbs hurt manufacturers, keeping the economy underpowered and with few catalysts …

By Balazs Koranyi SINTRA, Portugal – Bringing down high inflation around the world will be painful and could even crash growth but must be done quickly to prevent rapid price …

BEIJING – China’s central bank said on Wednesday it will step up the implementation of prudent monetary policy and keep liquidity reasonably ample, in a bid to support the slowing …

PARIS – France’s government cut its growth outlook sharply on Tuesday but kept its budget deficit forecast steady despite billions of extra spending on anti-inflation measures thanks to stronger than …

(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Tuesday said she believes the U.S. economy will slow to below 2% annual growth as the Fed raises interest …

ROME – Italy’s Treasury said the country’s economy could grow this year by at least as much as Rome’s official target of 3.1% set in April, despite the negative impact …

LONDON – Euro zone business growth has slowed significantly this month – and by much more than expected – as consumers concerned about soaring bills opted to stay at home …

TOKYO – Japan’s factory activity growth slowed in June as China’s strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high …

By Matthieu Protard PARIS -French bank Credit Agricole is targeting a net profit of more than 6 billion euros ($6.3 billion) by 2025 and sees strong potential for its business …

SANTA ANA, Calif., June 20, 2022 — Allied Universal®, the leading security and facility services company, is continuing its global expansion with the acquisition of three companies located in New …

LIMA – Peru’s economic growth will likely be slightly lower this year, according to a new central bank forecast on Friday following disruptions to major mining projects in the Andean …

OTTAWA – The pace of Canadian home price growth slowed in May, edging off April’s record high, but prices still rose both on the month and on the year, index …

By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest rates that supported the dollar, …

PARIS – France’s economy should avoid falling into recession during the current quarter after contracting in the first three months of the year, the central bank said on Tuesday. The …

FRANKFURT – The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out in the second quarter, a key European Central Bank survey showed …

ISTANBUL – Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way after the government introduced steps …

By Kantaro Komiya TOKYO – Japanese imports likely jumped in May at the fastest pace in six months, buoyed by surging raw material prices and the yen’s decline to two-decade …

FRANKFURT – The European Central Bank raised its inflation projections once again on Thursday but cut its growth outlook as the conflict in Ukraine continues to weigh on confidence, consumption …

BRUSSELS – The euro zone economy grew much faster in the first quarter of the year than in the previous three months despite the impact of the war in Ukraine, …

SINGAPORE – Inflation is the biggest downside risk for Singapore’s economy this year but recovery in China and a broader global travel resumption will support the city-state’s growth, a central …

SEOUL – South Korea’s economy grew by a seasonally adjusted 0.6% in the first quarter from three months earlier, slightly lower than 0.7% growth estimated earlier, revised central bank data …